New Delhi, Jan. 29 -- JSW Defence Pvt. Ltd, part of the US$ 23 billion JSW Group, has commenced construction of its facility for the next generation Unmanned Aerial Systems (UAS) at EMC Maheshwaram, Hyderabad. JSW has entered into a strategic partnership with Shield AI - a leading US-based defence technology company - to manufacture their Group 3 UAS - VBAT, under a long term licensing arrangement for Transfer of Technology (ToT). As part of the partnership, the JSW Group will invest around US$ 90 million to establish JSW's global compliance programme, a manufacturing facility to ensure proper technology licensing, and training of manpower. This investment will enable JSW to establish a local supply chain and create an advanced facility in ...